TRXUSDT 8HInverse Head & Shoulders formation on 8H chart. Wait for breakout of the neckline. Then target will be $0.08
TRXUSDT.PS trade ideas
Despite Macro Bearish Conditions TRX Remains Set for New HighsThis is a follow-up to this trade below:
TRX has been holding up here in this zone despite the bearish price action on the macro, has recently started to press up against the resistance zone above, and has also once again defended its bullish trend line. If this price action continues, we could very soon see TRX jump up to the upper end of the range at around 18 cents before pausing for a bit. The overall target for the wave structure, as can be seen in the original post, is 42 cents at a 1.618 extension, but this lower 18 cent target is for more midterm trades entering off the bullish trend line right now.
An opinion for trxI think a good move gonna be happen on this area, they say for this pattern "diamond”
I'm thinking for long position, may bitcoin help us with this … *
TRON IN CONTROL OF BULLSINVERTED H&S pattern has been formed on TRON and what I'm waiting for is the breakout and retest at the neckline to take it to the upside.
Target - 0.08500
$TRX Ready to pump? This #TRX Daily bullish formation (1D TA) will pump after the 4 hourly confirmation with a new local high (4H TA)
Just take a look at the daily clean higher-low formation. Keep it simpel
Bullish price targets on daily term
~ 0.08529 (based on Prev drop-off)
~ 0.09575 (based on 2.618 Fib)
TRX fall out of the bullish triangle ?"Over the past days, the TRX cryptocurrency has been steadily constructing what appeared to be a promising bullish triangle pattern. This technical formation, characterized by its converging trendlines and diminishing price volatility, had ignited anticipation among traders for a potential upward surge in value.
However, recent market developments have shifted this optimistic sentiment. The TRX token seems to have broken free from the confines of the bullish triangle. This breach marks a pivotal moment, suggesting a potential change in the prevailing market dynamics. The breakout from the triangle indicates a shift in the balance between buyers and sellers, and it's crucial to assess the implications of this movement.
As the breakout unfolded, the TRX price underwent a testing phase, revisiting the ascending trendline that had previously guided its upward trajectory. This retest of the trendline can serve as a critical confirmation of the triangle's breakdown, potentially signaling a shift towards a downward trend. Traders and analysts are now closely watching whether the price manages to sustain itself above this level, which could indicate a potential recovery, or whether it succumbs to the pressure, implying a further decline in value.
#TOBTC #LQR #TRX these important level for Tron on 0.07394 & 0.07394 are key levels
you may have some re action on it
always DYOR
TRON/profitable growthRead the caption:
TRON can grow as long as it is above the support of 07515
The targets are shown in the figure...
Do you think it will fall off after this growth or will it grow again??!
TRX Buy Trade and TP based on D Wave AnalysisHere is My Study on TRX.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
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Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
Oder Block Strategy For ScalpingOder Block Is basically liquidity that market take it from it and then It go ahead
TRX/USDT shortDirection: SHORT
--
Position Size: 2 - 4%
Leverage : 3 -5X
Trade Type: SCALP
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REASON the price action is at resistance level
ENTRY : 0.07823 - 0.0772
(OTE: ) 0.077865
🔘Target 1 - 0.0770
🔘Target 2 - 0.07668
🔘Target 3 - 0.07611
🔘Target 4 - 0.07553
🔘Target 5 - 0.07517
🔘Target 6 - 0.07453
🔘Target 7 - 0.07403
🔘Target 8 - 0.07346
🚫STOP LOSS: 0.07924
RISK: Medium/High
TRX: Pullback in UptrendTRON (TRX) technical analysis:
Trade setup : Following a bearish breakout from Channel Up pattern and below $0.08 support, price pulled back near $0.073 support, which could be an attractive swing entry, with upside to $0.08-$0.086.
Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.073, then $0.065. The nearest Resistance Zone is $0.080 (previous support), then $0.086.
🚨 Trade Update: TRX/USDT (10-20x)🚨 Trade Update: TRX/USDT (10-20x)
📉 Short Entry: 0.0766 - 0.0787
OTE (Optimal Trade Entry): 0.0779
SL: 0.0789
B/E Move: When it moves close to TP2
TPs:
Short Term: 0.0762 - 0.0758 - 0.0753 - 0.0748 - 0.0742 - 0.0735
Mid Term: 0.0725 - 0.0712 - 0.0695
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
TRXUSDT (1H) - Bearish reversalHi Traders
TRXUSDT (1H Timeframe)
Waiting for the downward break of 0.0740 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 0.0754 would cancel the bearish scenario.
Trade details
Entry: 0.0740
Stop loss: 0.0754
Take profit 1: 0.0731
Take profit 2: 0.0718
Score: 6
Strategy: Bearish reversal
TRXUSDT : Short Trade , 4hHello traders, we want to check the TRXUSDT chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to act as a resistance level and maintain the downward trend of the price. We expect the price to drop to around 0.07250. Good luck.
TRX(based on NEo wave)Tron needs more time to show the structure,I think after wave g it will start a big ascending wave and its easier for analysis.
TRX/USDT Is it time for correction? Hey traders 👋
TRX coin is next on our watchlist with a nice potential for a turnover to happen soon! We see those many attempts of liquify grabs which were resulted by bears with selling pressure but they had failed many times....yet they still try and try.
TRX coin has been growing and growing leaving EMAs on daily below the market price! We are keeping an eye for potential drop here which might happen anytime soon!
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Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
TRX: The Bearish Movement Already BeganTRX: The Bearish Movement Already Began
On our first analysis, the price was still in correction and without any clear direction.
At that moment the price was showing the possibility for both moves.
Yesterday the price validated the bearish scenario and reached our first target zone.
In the current condition, we may see any small correction before the price resumes the bearish movement again.
You may find more details in the video.
Thank you and Good Luck!
Previous analysis:
TRXUSD ❕ double bottomTRX and RSI chart has formed a convergence on the 1H Timeframe.
Price has broken upwards through 50EMA (30m TF)
I expect a bounce after the resistance breakout.
TRXUSDT 2D#TRX broken down the Ascending Channel on 2D timeframe. So down we go and maybe retest the weekly support zone.
TRON: DCA Plan Post-RedistributionTRON is another token targeted by the SEC and in danger of a deep sell-off in the months ahead. Allegations of TRX wash trading have also been brought forth. In the event of a bleed out, these are the Fibonacci retracement DCA points I'll be observing to start scooping it up incrementally. Volume metrics presuppose redistribution, and evidence of smart money absorption is already there (.076). Beware of a possible liquidity grab before the UTAD PA crashes southward.
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I've been a full-time cryptocurrency swing trader and investor since 2017. My technical analysis is based on a combination of Wyckoff, VSA, EWT & Fibonacci ratios. I never shill and only chart crypto assets I invest my own money in. My success over the years has allowed me to do this full-time. You are welcome to piggy-back my strategies at your own risk.
**Not a financial advisor. Always DYOR and trade at your own risk.
TRX: Two Possible Trading OpportunitiesTRX: Two Possible Trading Opportunities
The price is developing between 0.75 - 0.78 during the last two weeks and it is not
showing any clear direction yet.
Currently, the price is getting ready again for the next movement and it is accumulating.
A move above or below the correction pattern will show the next price direction.
Thank you and Good Luck!
